Gujarat Kidney And Super Speciality Limited has informed the Exchange about General Updates
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Gujarat Kidney and Super Speciality Limited has completed the acquisition of Parekhs Hospital Private Limited as a 100% Wholly Owned Subsidiary, with the deal executed on 22 March 2026. The total cost of acquisition is Rs. 77 crore, paid entirely in cash. Parekhs Hospital is an Ahmedabad-based medical and healthcare services company with a turnover of around Rs. 25-26 crore over the last three financial years (FY22-23 to FY24-25). The acquisition is not a related party transaction and is aimed at strengthening the company's presence in the healthcare sector and diversifying its business portfolio.
This Rs. 77 crore cash acquisition will expand the company's healthcare footprint by adding an established hospital business as a fully owned subsidiary, which could boost consolidated revenues and earnings. Shareholders should note the significant capital deployment and monitor integration progress and any impact on debt levels going forward.